BP Gas Station | Absolute-NNN Lease | ±19 Years… — Sale in Rochester, MN
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Rochester, MN 55906
Photos



Investment Figures
- Cap rate
- 7.25%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to offer a newly remodeled BP-branded fuel and convenience retail asset located along E River Rd NE, a key commuter and residential corridor in Rochester, Minnesota. The property is secured by a long-term absolute-NNN lease with +19 years remaining, providing investors with stable, passive income backed by KeyStone Retail and Affiliates, an established multi-unit operator with 39 locations. The site benefits from strong traffic exposure, proximity to U.S. Highway 63, and immediate access to major economic anchors including the Mayo Clinic, University of Minnesota Rochester, IBM, and multiple residential neighborhoods. The tenant is completing a full BP conversion at their own expense, enhancing long-term operational performance and positioning the property for sustained consumer demand. Investment Highlights: • Long-Term Absolute-NNN Lease Structure • Established Operator With Multi-Unit Scale • Prime Rochester Corridor Location • Attractive Yield With Built-In Growth • Potential Bonus Depreciation Benefit
Market Context
This retail in Rochester, MN is listed for sale. It is offered at an approximate 7.2% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Rochester, MN — view the full market.
Contact
- Jason Fefer · (310) 909-2394 · jason.fefer@marcusmillichap.com
- Tyler Bindi · (310) 909-2374 · tyler.bindi@marcusmillichap.com
- Rob Narchi · (310) 909-5426 · robert.narchi@marcusmillichap.com
- Jon Ruzicka · (952) 852-9700
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